{"id":1004096508,"date":"2014-05-14T07:29:20","date_gmt":"2014-05-14T15:29:20","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=261942"},"modified":"2022-12-08T17:30:41","modified_gmt":"2022-12-09T01:30:41","slug":"historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\/","title":{"rendered":"Historic 850 Lake Shore Drive Earns Recognition from Chicago Association of Realtors"},"content":{"rendered":"<p><em>By Gabriel Circiog, Associate Editor<\/em><\/p>\n<p>The conversion of the historic Lake Shore Athletic Club building into luxury apartments has won the 2014 Chicago Association of Realtors Good Neighbor Award. The distinction honors groundbreaking new and newly rehabbed or redeveloped properties in the Chicago metropolitan region that have augmented economic vibrancy in their neighborhood and boosted local pride. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/05\/850-Lake-Shore-Drive.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-261945\" title=\"850 Lake Shore Drive\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/05\/850-Lake-Shore-Drive.png\" alt=\"\" width=\"166\" height=\"250\" \/><\/a><\/p>\n<p>\u201cGood Neighbor Awards demonstrate how real estate works to build stronger, vibrant communities,\u201d says Matt Farrell, president of the Chicago Association of REALTORS\u00ae and managing partner at Urban Real Estate. \u201cThis is one of our association\u2019s most important programs because it recognizes properties that exemplify how real estate can positively impact neighborhoods by fulfilling a need, helping the economy and boosting civic pride.\u201d<\/p>\n<p>The 850 Lake Shore Drive transformation project was developed by locally-based Integrated Development Group LLC in partnership with the National Electrical Benefit Fund. Originally built in 1927, 850 Lake Shore Drive opened as the exclusive Lake Shore Athletic Club. Integrated Development Group unveiled plans to convert the vacant building to luxury apartments in 2013 and, under the direction of architects Booth Hansen and general contractors Lend Lease and Valenti Builders, undertook the thorough renovation.<\/p>\n<p>The recently reopened structure features 198 modern residences and upscale amenities such as a fitness center, indoor pool, business center, rooftop deck and a 3,500-square-foot \u201cWhite Room\u201d which includes a bar, flat screen TVs and billiards table. Residents can choose from over 60 floor plans ranging from studios to three-bedroom duplexes. Rents range from $2,190 to $12,000 per month.<\/p>\n<p>\u201cWe\u2019re honored to be recognized for this prestigious award,&#8221; says \u00a0Matthew Phillips, CEO and President of Integrated Development Group.\u00a0850 Lake Shore Drive was a unique opportunity to save a building that was significant to the community, and we\u2019re grateful that the real estate industry recognizes the building\u2019s historic value and has been receptive to its new life as luxury rentals in Chicago.&#8221;<\/p>\n<p>850 Lake Shore Drive is managed by Seneca Real Estate Advisors, with leasing and marketing being provided by @properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The conversion of the historic Lake Shore Athletic Club building into luxury apartments has won the 2014 Chicago Association of Realtors Good Neighbor Award. The distinction honors groundbreaking new and newly rehabbed or redeveloped properties in the Chicago metropolitan region that have augmented economic vibrancy in their neighborhood and boosted local pride.<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21742],"tags":[1815],"class_list":["post-1004096508","post","type-post","status-publish","format-standard","hentry","category-chicago","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Historic 850 Lake Shore Drive Earns Recognition from Chicago Association of Realtors - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Historic 850 Lake Shore Drive Earns Recognition from Chicago Association of Realtors\" \/>\n<meta property=\"og:description\" content=\"The conversion of the historic Lake Shore Athletic Club building into luxury apartments has won the 2014 Chicago Association of Realtors Good Neighbor Award. The distinction honors groundbreaking new and newly rehabbed or redeveloped properties in the Chicago metropolitan region that have augmented economic vibrancy in their neighborhood and boosted local pride.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-14T15:29:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T01:30:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/05\/850-Lake-Shore-Drive.png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc807179924e7fea3aeab259237f45a5\"},\"headline\":\"Historic 850 Lake Shore Drive Earns Recognition from Chicago Association of Realtors\",\"datePublished\":\"2014-05-14T15:29:20+00:00\",\"dateModified\":\"2022-12-09T01:30:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/\"},\"wordCount\":339,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/05\\\/850-Lake-Shore-Drive.png\",\"keywords\":[\"National\"],\"articleSection\":[\"Chicago\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/historic-850-lake-shore-drive-earns-recognition-from-chicago-association-of-realtors\\\/\",\"name\":\"Historic 850 Lake Shore Drive Earns Recognition from Chicago Association of Realtors - 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